Academic
research funding is allocated through a competitive bidding process that
may lead to inefficiency as excessive time is spent on proposal
writing. We develop a simple agent-based model of the process and find
that current systems are indeed likely to be inefficient. Alternative
allocation schemes involving either a cap on individual effort or
appraisal from the centre are indicated as improvements.

No comments:

Post a Comment

This is a blog (now) associated with the European Social Simulation Assocation SIG on "Simulating the Social Processes of Science". For all queries about the SIG, or items to post here please contact Bruce Edmonds "bruce at edmonds dot name". Thanks